Economic Times

Jagatjit Industries raises over Rs 200 cr debt from KKR arm

Modernisation and recapturing market share are on top of the agenda for Roshini Sanah Jaiswal, promoter of Jagatjit IndustriesBSE -1.17 %, after the Aristocrat whisky maker struck a debt restructuring deal of more than Rs 200 crore with US private equity giant KKR’s lending arm.

“A lot of this (funding) will go towards energising the brand, and focusing on our current markets,” said Jaiswal who is also the chief restructuring officer at the company. “We have done better this year, b ..